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1731 S New Hampshire Avenue Los Angeles CA 90006 MLS #24466611

Presenting 1731 S. New Hampshire Ave, a brand-new, FULLY OCCUPIED, four-unit multifamily property built in 2023. This modern, well-maintained building is an exceptional opportunity for investors, with all four units fully occupied, generating $187,200 in yearly income and offering a strong 5.39% cap rate. The property features open-concept layouts, spacious bedrooms, and modern appliances throughout all four units. Designed with style and comfort in mind, the units cater to today’s renters, with high-end finishes and an ideal living space. Additionally, the building boasts paid-off solar panels. Situated just minutes from Downtown Los Angeles, this location provides quick access to major freeway on-ramps including the 10, 110, and 101 Freeways, ensuring easy commutes and close proximity to LA’s bustling job centers. The property is also near popular areas like Koreatown, USC, and DTLA, offering residents access to world-class dining, shopping, and entertainment options. Notable landmarks such as The Los Angeles Convention Center, and Crypto Arena are all just a short drive away. With its premium location, paid-off solar panels for added energy efficiency, and a steady stream of rental income, this turnkey property offers a rare opportunity for investors seeking a stable, income-generating asset in Los Angeles.

Property Details

Price:
$2,649,000
MLS #:
24466611
Status:
Active
Baths:
0
Address:
1731 S New Hampshire Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
ZIP:
90006
Lot Size:
6,551 sqft / 0.15 acres (approx)
Year Built:
2023

Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Flooring
Laminate
Heating
Central

Exterior

Foundation Details
Raised
Parking Features
Attached Carport
Parking Spots
8.00
Sewer
Other
Stories Total
2

Financial

Tenant Pays
Gas, Electricity, Water

Map

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1731 S New Hampshire Avenue
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